Alset Capital Acquisition Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Alset Capital Acquisition Corp.'s balance sheet done over the years? Its assets were worth $21,955,793 last year, which is less than in the previous period. 18% of Alset Capital Acquisition Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $3,856,325, which means an increase by 14% compared compared to last year.
Debt to Assets
| 2021 | 135000 | 115K | 85.19% |
|---|---|---|---|
| 2022 | 89297234 | 3.39M | 3.8% |
| 2023 | 21955793 | 3.85M | 17.56% |
ACAXU Balance Sheet (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 585.65K | 1.17M | 50K |
Short term investments | 21.25M | 88.10M | 0 |
Net receivables | 0 | 13K | 0 |
Inventory | 0 | 0 | 0 |
Other current assets | 0 | 9.04K | 85 |
Total current assets | 703.15K | 1.19M | 50K |
Non-current assets: | |||
Property, Plant and Equipment | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 |
Other non-current assets | 21.25M | 88.10M | 0 |
Total non-current assets | 21.25M | 88.10M | 85K |
Total assets | 21.95M | 89.29M | 135K |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 |
Total current liabilities | 837.57K | 376.54K | 115K |
| Non-current liabilities: | |||
Long term debt | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 3.01M | 3.01M | 0 |
Total non-current liabilities | 3.01M | 3.01M | 0 |
Total liabilities | 3.85M | 3.39M | 115K |
| Data source | Data source |